Item Coversheet
 

District School Board of Pasco County
7227 Land O' Lakes Boulevard. Land O' Lakes, Florida 34638 - 813/794-2000

Kurt S. Browning, Superintendent of Schools           www.pasco.k12.fl.us





Contact:

Chris Williams, Director of Planning
813-794-7970

DATE: 5/21/2013 6:00:00 PM
   
TO: HONORABLE SCHOOL BOARD MEMBERS
   
FROM:
Kurt S. Browning, Superintendent of Schools
Ray Gadd, Assistant Superintendent for Administration and Support Services
   
SUBJECT:      
Cell Tower Ground Lease Agreement for Sand Pine Elementary

Introduction:

The District is currently receiving revenue from four cell towers located at Fivay High School, Dr. John Long Middle School, Sunlake High School and a future middle school site in the Meadow Pointe area. The School Board also approved a cell tower lease agreement for Gulf Trace Elementary School and the cell tower company is moving forward with the approvals necessary to construct this tower.



Description:

There is an opportunity to enter into a cell tower ground lease at Sand Pine Elementary School. A request for proposal was sent out and two companies responded. The winning bid proposes an annual rental amount of $16,000 and an initial term of ten years with four 5-year options to extend the lease. The annual rent for the second year will be increased by four percent (4%) and thereafter, each and every succeeding year. The annual rent will increase by $9,500 if a second tenant collocates on the tower.  It is estimated that the total revenue over the course of the thirty (30) year lease will be around one million dollars.  

Strategic Focus: Provide equitable support systems. 
Strategic Plan Goal: The district will establish and maintain state-of-the art, attractive and safe facilities.


Action Requested:

The staff recommends School Board approval of the Ground Lease Agreement to construct a cell tower at Sand Pine Elementary School.

Recommendation:

The staff respectfully requests the School Board’s approval of the Ground Lease Agreement for a cell tower at Sand Pine Elementary School.



ATTACHMENTS:
Description Upload Date Type
SPES Cell Tower Agreement 4/23/2013 Backup Material